Sri Lankan President Anura Kumara Dissanayake Unveils Budget 2026 Focused on Fiscal Discipline

Sri Lanka’s President Anura Kumara Dissanayake unveiled Budget 2026 at the Parliament in Colombo as he presented his second budget speech in his capacity as the Finance Minister. The Budget which focused on fiscal consolidation under the IMF programme, aiming for a primary surplus of 2.5 percent of GDP and revenue of around 15 percent of GDP.   Total government spending is set at about 4.43 trillion rupees, with major allocations to finance, health, defence, and education. The Budget promis...